NEW YORK, June 21, 2022 /PRNewswire/ — BioCatch, the global leader in behavioral biometrics, released new research on the size and scale of the growing money mule problem for U.S. financial institutions. During the first half of 2022, BioCatch data reveals that money mule accounts represent up to 0.3 percent of accounts held by financial institutions, and an estimated $3 billion in fraudulent financial transfers.
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